“It is shocking that legislators would contemplate advancing policy that would increase taxes, drive up prices for American families, harm workers and those on fixed incomes, and punish energy use. Yet this is precisely what a carbon tariff does.” (Free Market Letter, below)
Government intervention expands and expands from its own shortcomings. And in the service of “global climate change,” where deep-ecology alarmism prevails and economics is demoted, regulation is open-ended and increasingly strident.
Open international trade has been the gold standard for hundreds of years in theory and in practice. Adam Smith noted how the international division of labor produces the most goods and services for the greatest number, increasing the Wealth of Nations. His logic remains today.
Pricing carbon dioxide (CO2) is the weapon of the anti-industrial, anti-energy “Progressives.”…
“But messages [against] … Lynne [Kiesling] … just serve to marginalize you. …. I’d encourage you to divert your efforts to re-establishing the reputation you have had, because your existing approach has tarnished and is tarnishing it.” (Michael Giberson, below)
“Lynne and Mike’s modus operandi is tweak, tweak and continue down the road of climate alarmism – forced energy transformation – centrally planned electricity.”
Keep your eye on the ball. In recent days, I have noted the irony of the “Queen of Power Markets” Lynne Kiesling presiding over a Public Choice conference where her central planning electricity model (Independent System Operators/Regional Transmission Organizations) is not teed up for some serious Public Choice application. That’s the situation going into the conference, judging from the scheduled panels and talks.
Such was my Friday post, “Public Choice and Electricity: Kiesling Ducks Again (Plano, Tx.…
“Maybe in her Presidential Address (if enough people have read this critical post) she will be compelled to broach the subject of Public Choice and Electricity Planning. And maybe include a mea culpa that she finds herself admitting from time to time. Here’s hoping….”
The strange intellectual case of Lynne Kiesling–the technocratic ‘classical liberal’ championing a government planned, monopolistic electricity market–continues. Think seven Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs) that regulate the in-and-out and pricing of grid electricity over multiple utility areas.
Public Choice Society Meeting
Next week is the 61st annual conference of the Public Choice Society, a stellar organization that applies Economics 101 to governmental institutions. “Methodological Individualism … Rational Choice … Politics-as-exchange.” A great tradition, a great conference ahead….
But … Kiesling is presiding as President of an 80-session, 220-presentation conference without a session in her pet area, governmental electricity planning.…